FinXP’s Post

💸 Today, we demonstrated how to set up an ICAN payment gate using the XCB network on Payto Money. 🔧 In this video, we review the functionalities and features of Payto Money, which allow you to fully customize your payment gate and simplify the payment/donation process in your storefronts, marketplaces, streams, and much more. 💸➡️ https://lnkd.in/e2k9zWRe

Review: The Networked Cyprus-Based High-Risk Payment Prozessor Sureswipe E.M.I. #Sureswipe E.M.I. operates as an e-money institution (EMI) within high-risk segments such as online casinos, sports betting, and gambling, primarily through licensed domains and brands rather than its own Revsto brand. The licensing from EMD agents to service merchants in these segments raises significant transparency concerns. The company’s regulated status by the Central Bank of Cyprus and its lack of disclosure about its high-risk segment activities further compound these concerns. #highrisk #cyberfinance #fintech #payrate42

Why Migrating Tokens Doesn't Have to Be Complicated 🚀 Migrating #tokens between #PSPs is often seen as a daunting task. However, simplifying token migration is not only possible but also essential for optimizing payment performance. In our latest article, we explore why migrating tokens doesn't have to be complicated and how solutions like NORBr can make the process seamless. By leveraging innovative approaches, merchants can efficiently manage and integrate multiple PSPs, ensuring a smooth and efficient payment system. 🌟 Key Takeaways: • Immediate use of new PSPs • Seamless integration for recurring payments • Universal token representation • Minimal service disruptions • Lower overall costs A special shoutout to Dwayne Gefferie for his insightful post on the necessity of multiple PSPs for optimal payment performance. His expertise greatly inspired our analysis. 🔗 Link to the full article is in the comments below. #TokenMigration #PaymentSolutions #Ecommerce #Fintech #PaymentsOptimization #NORBr

Orum.io, the simplest API for fast, reliable payments, announced that it is live with FedACH and will be adding FedNow and FedWire services. The direct connection to the Federal Reserve’s payment rails as a service provider is part of Orum’s new money movement API, Deliver. The Deliver API orchestrates and optimizes money movement through Federal Reserve payment rails on behalf of banking institutions. Clearing the bar for a direct connection for payment processing and settlement is exceptionally difficult. Meeting the criteria for direct access requires organizations to meet and exceed the Federal Reserve’s rigorous diligence, contracting and IT testing requirements, as well as those of sponsoring financial institutions. Many payments platforms and fintechs cannot gain access to all the possible payment rails while also requiring them to navigate technical issues and frequent downtime depending on their banking partner. According to the Ponemon Institute, downtime can cost businesses as much as $500,000 per hour. Source: https://lnkd.in/ewJBNVQp #fintech #api #payments #paymentsolutions #paymentservices #fednow #financialtechnology #financialservices #fintechnews

Adapting to Brazil's latest #PaymentTransactions regulations will be crucial for gambling companies and payment processors to succeed. Haven’t familiarised yourself with them yet? Find out more below! As an authorized payment platform, Bitso Business stands as your primary partner, providing guaranteed access to instant deposits and withdrawals through our integrated PIX mechanism. For a reliable solution, choose Bitso Business. #Brazil #BettingSector #RegulatoryChanges #Finance #PIXIntegration #BitsoBusiness

Majority of you all aced last week's TGIF quiz! Well done👏👏👏 Now here is a quick breakdown to understand better💡 🎯Issuers: These are the financial institutions that oversee your accounts. They're like the gatekeepers of your money. 🎯Acquirers: They work for the merchants, processing payments you make and connecting with card networks (Visa, Mastercard) or payment gateways to get authorization. Think of them as the bridge between you and the merchant. Why do payment tokens come from Issuers? ➡Payment tokens act as a safe alternative to your real money. Your real money is with the issuers so they are the only ones that can give you a representative of it for safe use in different payment methods. Simple, right? Have any questions? Please share them in the comments below! Follow us at The PaymentLogue to learn payment and Fintech intricacies on the go! #Fintech #PaymentProcessing #tech #thepaymentlogue #tgif #quiz #africa

You're thinking of switching provider or adding a new one and token migration is giving you nightmares before your even start? It doesn't have to be that way! In our latest article, NORBr explore why migrating tokens doesn't have to be complicated and how solutions like NORBr can make the process seamless. By leveraging innovative approaches, merchants can efficiently manage and integrate multiple PSPs, ensuring a smooth and efficient payment system. 🌟 Key Takeaways: • Immediate use of new PSPs • Seamless integration for recurring payments • Universal token representation • Minimal service disruptions • Lower overall costs A special shoutout to Dwayne Gefferie for his insightful post on the necessity of multiple PSPs for optimal payment performance. His expertise greatly inspired our analysis. 🔗 Link to the full article is in the comments below. hashtag #TokenMigration hashtag #PaymentSolutions hashtag #Ecommerce hashtag #Fintech hashtag #PaymentsOptimization hashtag #NORBr

One of the rewarding things about working for a high growth scale up (which was pre Series A when I joined) is seeing the impact of scale and persistence on our scope, reach and impact. Sibos is THE event for banks, and Swift traditionally their payment network of choice. So seeing Thunes front and centre is a huge validation of the value of our Direct Global Network.

🔊 New Compliance Listing 🔊 #CASHlib is a service providing prepaid vouchers used for online payments without needing a bank account or credit card. They are mentioned in a review of the illegal online casino Atlantis Slots, which operates without a valid gambling license in the EEA. 🔗 Read More on: https://lnkd.in/dtquYSzY #casino #gambling #payrate42 #fintech #payment #highrisk #cyberfinance

Unlock the potential of your business with Nuvei! 🚀 Are you looking for a payments solution to boost your revenue? Nuvei is here to accelerate your payment processes and maximise your growth. With Nuvei's cutting-edge payment technology and expertise, you can streamline your payment operations, enhance customer experience, and ultimately drive more sales. Don't miss out on this incredible opportunity to take your business to new heights. Click the link below to discover how Nuvei can supercharge your business 👇 #Nuvei #OpenBanking #Payments #DigitalCommerce #NuveiExperts #TeamNuvei #peoplefirst #greatplacetowork #eCommerce #Payments #compliance #banking #complianceofficer #ethics #bacen #coaf #fiu #sar #cdd #kyc #onboarding #fintech #openfinance #ethicsandcompliance #kys #kye #ethics #risk #riskmanagement #operationalrisk #payments #pagos #cumplimiento #internalcontrols #baas #caas #gafi #fatf #vasps #FRAML #PEP #PPE #crypto #CDC #event #blockchain #latinamerica #thankyou #cryptoasaservice #hash #token #nft #crime #money #bank #banking #tbt #americas #bacen #bancocentral #monitoring #monitoramento #development #teaching #law #cvm #anbima #opencompliance #overcompliance #bsm #pqo